Student Loan Debt Slavery

THE FEDERAL Reserve and the banking system have many ways to make a slave out of someone, via his debts. Most people stupidly over-borrow and find themselves out of their depth, unable to repay even the interest on what they owe, helplessly watching as their aggregate debt rises toward infinity with exponential speed. They can’t get any more loans. They lose their homes.

And people who thought that they were keeping a manageable ceiling on their debts, upon losing their jobs, find themselves in the same situation as their more reckless fellow citizens: forever rising, forever unpayable debt, no more credit, and homelessness.

And people who get through their entire lives without debt, when they become old, begin to suffer the infirmities of age, and that’s when the price-scam for medical care kicks in to make a debtor out of even the most prudent citizen, assuming that he doesn’t decide that an earlier death is preferable to losing what little wealth he has to leave to his children.

The video below by Stefan Molyneux tells the story of a foolish girl who thought that it was worthwhile to borrow a lot of money to pay for a worthless college degree, and how impossible this decision made her financial circumstances for the next thirty years. She realized, too late, that she had become a slave.

Don’t let it happen to you. College was, once upon a time, worth what it cost. It no longer is. And if you do go to college, be certain that you are earning a degree that will bring you money enough to justify the effort and make it possible for you to pay your way clear of debt.

[And consider devoting your life to something great instead of just pursuing money as an end in itself. The libraries, and the ’Net, are full of the greatest books ever written. Real education has always been free. One thing among several that Molyneaux totally misunderstands or misrepresents in the video is that the banks do not give up any resources when making a “loan”; the money is created out of nothing. That’s called fractional reserve banking and that’s the kind of banking we are saddled with all over the Western world. It’s a Jewish system (scam, really) and it makes all of us slaves. — K.A.S.]

Recent Related Posts

10

Leave a Reply

Do not use crude language; it makes a bad impression or wastes our time deleting or editing it. Do not advocate violence or illegal acts. Please use proper English, including punctuation and capitalization; slovenly language either makes a bad impression or wastes our time fixing it. Please conduct yourself here with the same competence, civility, and care you would use if you were speaking in public or writing for publication and posterity — which you are. Comments that are crude or uncivil, with substantial errors, or which might harm the interests of National Vanguard or its readers, editors, or management may be edited or deleted.

This comment form is under antispam protection

4Comment authors

Recent comment authors

Do not use crude language; it makes a bad impression or wastes our time deleting or editing it. Do not advocate violence or illegal acts. Please use proper English, including punctuation and capitalization; slovenly language either makes a bad impression or wastes our time fixing it. Please conduct yourself here with the same competence, civility, and care you would use if you were speaking in public or writing for publication and posterity — which you are. Comments that are crude or uncivil, with substantial errors, or which might harm the interests of National Vanguard or its readers, editors, or management may be edited or deleted.

This comment form is under antispam protection

Subscribe

newestoldest

Notify of

Guest4

If you expect to have any reasonable existence by working for a living in the U.S., you are sadly mistaken. Every well paying job is a pressure cooker with 20 people ready to step into your shoes. The owners of capital are doing very well with minimal effort. Crooked politicians, too.

Reply

29 May, 2018 7:38 pm

James Clayton

Glad to see the link to Stefan Molyneux. Hopefully he’ll develop the courage to lay the ax to the root of the problem instead of simply explaining its seriousness. And it needs to be faced, without further ado, that the remedy is repudiation of the debt as simply having been a fraud. Anything else is like believing that the solution to our problems can be solved by the democratic process.

What can you expect from Stephen Molyneaux, more appropriately called Stephen Molyjew. He has about as much real concern for the human consequences of the debt crisis described in his latest video as a vampire bat has concern about infecting its host with rabbis. Molyneaux is in it for the money, and he will do nothing substantive that will put him in bad odour with the Jews. In fact he loves Jews, and has on many occasions given them much glowing praise. Let us be practical and tactical when we assess the virtues of any fledgling white messiah! And Molyneaux is just another money hungry shill for the Jews. I advised my children to forget about a University education – a total waste of their time and my money. Instead… Read more »

Reply

1 June, 2018 5:59 pm

James Clayton

“In fact he loves Jews, and has on many occasions given them much glowing praise. “Let us be practical and tactical when we assess the virtues of any fledgling white messiah! And Molyneaux is just another money hungry shill for the Jews.” Well, I guess I haven’t seen that and perhaps you could provide links to some examples. Facts such as Sub-Saharan Africans having an IQ substantially lower than Blacks in the U.S. and Ashkenazi Jews having– on average– higher probably isn’t promotion. Much of Molyneux’s emphasis, from what little I’ve heard of him, is the importance of two-parent role modeling. He’s also good at interviewing on such subjects as not abusing children. Yesterday, I went with my wife to get her hair cut. I enjoyed the conversation with all… Read more »

Reply

2 June, 2018 10:59 am

WHITE WARRIOR

Molyneaux is in it for the money, and knows that offending the Jews will make making money very difficult. Just ask him about his views on the intellectual superiority of Rabbis, and ask him his views on Hitler. Brother Nathanael speaks much about the Jews, but you must never forget he is a Jew. Norman Finkelstein speaks critically of the Jews but never forget he is still a Jew. Israel Shahak spoke unforgivingly about the Jews but never forget he was a Jew. One can speak at length and with brilliant poise about the symptoms of a disease like syphilis but it all becomes moot when you avoid any discussion about the cause of the disease – spirochetes. Molyneaux speaks about many things that the Jews cause but he never… Read more »

Reply

3 June, 2018 7:33 pm

James Clayton

I suppose this is how blogs are supposed to be: Your comments bother me. For example, that he will “never” highlight the cause after re-stating my observation that he was warning parents and their young regarding debt slavery which is an important thing to be doing. Molyneux warns of many such things including making the wrong decisions in marriage and childraising. And so I’m going to continue to take exception to your name-calling absent any evidence after asking you for some. Few of us understood our problems both public and private in our youth due as much to what we were taught in public and licensed private schools as by the mass media of so called news and entertainment. At some point we learned to recognize the problem. And I… Read more »

Reply

4 June, 2018 4:15 pm

WHITE WARRIOR

SM IS NOT A JEW JUST A PIECE OF FILTH I do not know why you have this love affair with SM. It is really weird in every possible way one could imagine. You have the written works of great minds like the late Dr. Revilo Oliver and the late Dr. William Pierce, as well as their many broadcasts to guide you. These great minds were talking about student loan debts and boob hatcheries, and fractional reserve banking long before SM lost his hair, in fact long before SM was even born. SM like Bill Clinton, like Hilary Clinton – like all the rest of the YouTube filth is an opportunist that will attach his money hungry claws to any cause if he thinks he can make some money at… Read more »

It will be interesting to watch the response to Iceland’s repudiation of such debt. There’s a link that y’all posted “for further reading.” Read it all.

Reply

2 June, 2018 11:08 am

James Clayton

One of those in what was once a women’s hair salon, which now thins the eyebrows of boys as formerly it did only for girls, agreed that students are pretty dumbed down. She says that teachers do not prevent the use of smart phones and ear buds by students during classes, etc. And Molyneux does a good job describing why Johnny can’t think, here. I’d like him here learning.

“President Donald Trump made the decision to bomb Damascus in Syria “in response” to the supposed chemical attacks that Bashar al-Assad. When it comes to the Military Industrial Complex, meet the new President, same as the last President and the President before him, and the President before him… “

Reply

3 June, 2018 6:35 am

cc

These are the comments I like to see. Uncover the criminal government, establishment and institutional violence. It reminds me of the nonconformists of the 2d half of the 1960s and early ’70s who had the moral courage to point at something and say — this is wrong. I realize modern day racists are largely repulsed by the revolutionaries of that time, but it’s undeniable they had the courage of their conviction. They had spirit and hands-on experience which is severely lacking in contemporary racism. Whatever the stereotype: rednecks, bikers, Texas rodeo hoods, southern racists, hippies, whoever; they told the agents of destruction to get lost.

The nonconformist racist who escapes the criminal establishment becomes stronger each day.

Comments Archive

Today in History

17761776: Richard Henry Lee of Virginia presents the "Lee Resolution" to the Continental Congress. It reads in part: "Resolved, That these United Colonies are, and of right ought to be, free and independent States, that they are absolved from all allegiance to the British Crown, and that all political connection between them and the State of Great Britain is, and ought to be, totally dissolved. That it is expedient forthwith to take the most effectual measures for forming foreign Alliances." What has been done with regard to one tyranny, can be done again with regard to another.